2215 Redbud StKilgoreTX75662
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kilgore at 2215 Redbud St, Kilgore, TX, 75662 uses $92,489 cash to close to unlock $6,019/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $2,486/mo, and a $1,366/mo payment keeps the spread at $502/mo. Purchase price stands at $279,000, and rental yield measures 10.69% with $2,486/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 138.97% and total cumulative return in cash records $128,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,486/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75662, Kilgore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,956 (66.0%) |
| Renter Occupied HU | 2,676 (25.4%) |
| Vacant Housing Units | 909 ( 8.6%) |
| Median Home Value | $206,140 |
| Average Home Value | $252,139 |
Housing Distribution
Address Breakdown
Residential
9,980
Single Family
9,235
Multi-Family
745
Businesses
928
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